Cuban confirmed to Business Insider that IU's low price was the reason he originally attended the university's well regarded business program.

"It was true," Cuban told BI. "I could barely afford IU."

Once in college, Cuban reportedly found creative ways to pay his bills. The now-billionaire set up a chain letter to pay for one semester at IU, also giving disco lessons to campus sorority members for $25 an hour, The Pittsburgh Tribune-Review reports.